Express their readiness to promote international agreements and other ap- propriate arrangements on acceptance of certificates of conformity with stand- ards and technical regulations;
Consider it desirable to increase international co-operation on standardisation, in particular by supporting the activities of intergovernmental and other appropriate organisations in this field.
The participating States,
Arbitration
Considering that the prompt and equitable settlement of disputes which may arise from commercial transactions relating to goods and services and contracts for industrial co-operation would contribute to expanding and facilitating trade and co-operation,
Considering that arbitration is an appropriate means of settling such disputes, Recommend, where appropriate, to organisations, enterprises and firms in their countries, to include arbitration clauses in commercial contracts and in- dustrial co-operation contracts, or in special agreements;
Recommend that the provisions on arbitration should provide for arbitration under a mutually acceptable set of arbitration rules, and permit arbitration in a third country, taking into account existing intergovernmental and other agree- ments in this field.
The participating States,
Specific bilateral arrangements
Conscious of the need to facilitate trade and to promote the application of new forms of industrial co-operation,
Will consider favourably the conclusion, in appropriate cases, of specific bilateral agreements concerning various problems of mutual interest in the fields of commercial exchanges and industrial co-operation, in particular with a view to avoiding double taxation and to facilitating the transfer of profits and the return of the value of the assets invested.
The participating States,
4. Science and technology
Convinced that scientific and technological co-operation constitutes an important contribution to the strengthening of security and co-operation among them, in that it assists the effective solution of problems of common interest and the improvement of the conditions of human life,
Considering that in developing such co-operation, it is important to promote the sharing of information and experience, facilitating the study and transfer of scientific and technological achievements, as well as the access to such achieve- ments on a mutually advantageous basis and in fields of co-operation agreed between interested parties,
Considering that it is for the potential partners, i.e. the competent organisations, institutions, enterprises, scientists and technologists of the participating States to determine the opportunities for mutually beneficial co-operation and to develop its details,
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